India’s Bad Loan Problem Worsens, Up 35% In Just 9 Months

  During his vote-on-account speech, Finance Minister P Chidambaram dwelled mostly on the achievements of the United Progressive Alliance (UPA) Government including the high growth rates achieved over the past decade.   However, it is clear, even to a casual observer, that growth in India has slowed down quite perceptibly and business confidence is down. … Continued